Manhattan Trust Co. v. Sioux City & N. Ry. Co.
U.S. Circuit Court for the District of Northern Iowa
This was a suit by the Manhattan Trust Company against the Sioux City & Northern Railway Company tor the foreclosure of a mortgage. The Trust Company of North America intervened, claiming priority for a, lien asserted against the rolling stock of the railway company.
1Opinion of the Court
SHIRAS, District Judge.
This case is now before the court upon an intervening petition filed by the Trust Company of North America, and the question thereby presented is whether the lien of the Manhattan Trust Company, under the mortgage executed to it as trustee, is superior to the landlord’s lien asserted under a lease of the terminal property in Sioux City, executed by the Sioux City Terminal Railroad & Warehouse Company to the Sioux City & Northern Railway Company, it being claimed that the landlord’s lien is the first and paramount lien upon the rolling stock of the railway company used…
2Cases cited5 opinions
- Galveston Railroad v. CowdreySupreme Court of the United States · 1871
- Pennock v. CoeSupreme Court of the United States · 1860
- Nickelson v. NegleySupreme Court of Iowa · 1887
- Perry v. WaggonerSupreme Court of Iowa · 1886
- Jarchow & Sons v. PickensSupreme Court of Iowa · 1879